NATIONAL 25 FDI proposals worth over Rs 145 crore cleared Government has approved 25 foreign direct investment proposals, including those of Citicorp International Finance and Suzuki Motor Corporation, that will bring in Rs 145.12 crore into the country.
Costlier commodities push Inflation up to 5.48 pc Rising for the second consecutive week, inflation touched 5.48 per cent for the week ended April 9, mainly due to costlier vegetables, fruits, cooking gas and edible oils.
Sensex recovers early losses ends 55 pts higher Overcoming severe early pressures, the Sensex today (Apr 21, 2005) notched up yet another sharp 55.46 points to close at 6299.20 at the Bombay Stock Exchange (BSE) following renewed short-covering and value based buying to extend the rally to the second straight session.
Agilent Tech to tap life sciences market in India US-based Agilent Technologies today (Apr 21, 2005) said it plans to tap the growing life sciences market in India with its DNA micro-array based genomics solutions and expand its presence into medical research, drug discovery and agro-biotech industries.
TRAI slashes bandwidth prices between 3 to 70 % Close on the heels of reducing the tariff for international bandwidth, the Telecom Regulatory Authority of India today (Apr 21, 2005) slashed tariff for domestic bandwidth (domestic leased circuit) between 3 to 70 per cent, a move which would boost broadband penetration in the country.
Sensex falls sharply by 69 pts at opening session The Sensex today (Apr 21, 2005) turned sharply weak and fell by 69 points at the opening session on the Bombay Stock Exchange (BSE) due to fresh bouts of heavy selling at the previous day's higher level.
INTERNATIONAL India poised to achieve 8 per cent growth: Montek India is poised to achieve an annual growth of around eight per cent in the near future even as it grapples with the challenges posed by globalisation, Deputy Chairman of the Planning Commission Montek Singh Ahluwalia has said.
Mittal steel denies report to build plant in India Mittal Steel Company, owned by NRI steel tycoon Lakshmi Mittal, yesterday (Apr 20, 2005) said it was very interested in the Indian market and would look at appropriate opportunities as they present themselves but denied reports that it had proposed to build a steel plant in Jharkhand.
